Who owns BTE
Which tracked institutional funds hold BTE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BTE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
49 tracked funds added or opened BTE while 53 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BTE’s largest tracked holder by dollar value, Connor, Clark & Lunn Investment Management Ltd., sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BTE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 181 tracked filers holding BTE, 95 increased or opened the position and 92 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BTE between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 14
- Ninepoint Partners LP$68M
- FIL Ltd$26M
- PICTON MAHONEY ASSET MANAGEMENT$7M
- PDT Partners, LLC$5M
- ExodusPoint Capital Management, LP$3M
- BTG Pactual Asset Management US LLC$2M
Full exits 11
- Encompass Capital Advisors LLC$90M
- HITE Hedge Asset Management LLC$10M
- Thomist Capital Management, LP$8M
- LAZARD ASSET MANAGEMENT LLC$3M
- Numerai GP LLC$1M
- Thrivent Financial for Lutherans$1M
Largest adds
- ROYAL BANK OF CANADA$27M
- Connor, Clark & Lunn Investment Management Ltd.$19M
- TWO SIGMA INVESTMENTS, LP$18M
- TORONTO DOMINION BANK$15M
- ALLIANCEBERNSTEIN L.P.$14M
- PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO$14M
Largest trims
- Juniper Capital Advisors, L.P.$97M
- MILLENNIUM MANAGEMENT LLC$32M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$24M
- NATIONAL BANK OF CANADA /FI/$20M
- INTACT INVESTMENT MANAGEMENT INC.$19M
- Nuveen, LLC$15M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Connor, Clark & Lunn Investment Management Ltd. added | 49,180,551 | $197M | 12.5% | 2026-Q2 |
| Juniper Capital Advisors, L.P. trimmed | 31,387,276 | $126M | 8.0% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 24,534,834 | $98M | 6.2% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 18,963,350 | $76M | 4.8% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 18,604,481 | $75M | 4.7% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 18,151,897 | $73M | 4.6% | 2026-Q2 |
| Ninepoint Partners LP added | 17,000,000 | $68M | 4.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 15,748,521 | $63M | 4.0% | 2026-Q2 |
| TD Asset Management Inc added | 15,093,415 | $61M | 3.8% | 2026-Q2 |
| Webs Creek Capital Management LP added | 12,771,506 | $51M | 3.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 12,759,521 | $51M | 3.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 11,691,402 | $47M | 3.0% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 10,498,895 | $47M | 3.0% | 2026-Q2 |
| MORGAN STANLEY added | 9,092,661 | $36M | 2.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 8,146,171 | $33M | 2.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 7,281,900 | $29M | 1.8% | 2026-Q2 |
| FIL Ltd new | 6,500,000 | $26M | 1.7% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD added | 5,958,429 | $24M | 1.5% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 5,776,218 | $23M | 1.5% | 2026-Q2 |
| UBS Group AG added | 5,011,062 | $20M | 1.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 4,703,039 | $19M | 1.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 4,640,642 | $19M | 1.2% | 2026-Q2 |
| TORONTO DOMINION BANK added | 4,616,988 | $19M | 1.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 4,158,240 | $17M | 1.1% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 3,874,358 | $16M | 1.0% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 3,526,492 | $14M | 0.9% | 2026-Q2 |
| PCJ Investment Counsel Ltd. added | 3,334,828 | $13M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 3,182,001 | $13M | 0.8% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 2,848,483 | $11M | 0.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,767,830 | $11M | 0.7% | 2026-Q2 |
| INTACT INVESTMENT MANAGEMENT INC. trimmed | 2,527,500 | $10M | 0.6% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 2,355,665 | $9M | 0.6% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 2,238,812 | $9M | 0.6% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 2,187,895 | $12M | 0.8% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 2,181,475 | $9M | 0.6% | 2026-Q2 |
| Hartree Partners, LP added | 2,150,000 | $9M | 0.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 2,107,355 | $8M | 0.5% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 2,089,763 | $8M | 0.5% | 2026-Q2 |
| Vontobel Holding Ltd. trimmed | 1,882,000 | $8M | 0.5% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 1,682,190 | $7M | 0.4% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 1,657,986 | $7M | 0.4% | 2026-Q2 |
| Bridgewater Associates, LP trimmed | 1,620,430 | $6M | 0.4% | 2026-Q2 |
| Swiss National Bank trimmed | 1,268,688 | $5M | 0.3% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 1,241,156 | $5M | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 1,240,285 | $5M | 0.3% | 2026-Q2 |
| Man Group plc trimmed | 1,205,379 | $5M | 0.3% | 2026-Q2 |
| PDT Partners, LLC new | 1,132,926 | $5M | 0.3% | 2026-Q2 |
| CoreCommodity Management, LLC added | 921,077 | $4M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC added | 889,247 | $4M | 0.2% | 2026-Q2 |
| Vident Advisory, LLC added | 807,936 | $3M | 0.2% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 775,503 | $3M | 0.2% | 2026-Q2 |
| SIG North Trading, ULC added | 758,706 | $3M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 722,219 | $3M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 678,832 | $3M | 0.2% | 2026-Q2 |
| CIBC Asset Management Inc added | 640,755 | $3M | 0.2% | 2026-Q2 |
| ExodusPoint Capital Management, LP new | 627,485 | $3M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 562,746 | $2M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 562,496 | $2M | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 559,033 | $2M | 0.1% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 554,331 | $2M | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 553,008 | $2M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd trimmed | 520,046 | $2M | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 499,447 | $2M | 0.1% | 2026-Q2 |
| Nuveen, LLC trimmed | 467,807 | $2M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 430,461 | $2M | 0.1% | 2026-Q2 |
| BTG Pactual Asset Management US LLC trimmed | 420,130 | $2M | 0.1% | 2026-Q2 |
| Penbrook Management LLC new | 399,350 | $2M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 355,032 | $1M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 346,935 | $1M | 0.1% | 2026-Q2 |
| Engineers Gate Manager LP new | 312,576 | $1M | 0.1% | 2026-Q2 |
| PRUDENTIAL PLC new | 304,690 | $1M | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 275,721 | $1M | 0.1% | 2026-Q2 |
| Spark Investment Management LLC added | 259,000 | $1M | 0.1% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 253,019 | $1M | 0.1% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey | 246,422 | $988K | 0.1% | 2026-Q2 |
| PenderFund Capital Management Ltd. new | 242,300 | $972K | 0.1% | 2026-Q2 |
| Vanguard Personalized Indexing Management, LLC added | 235,765 | $943K | 0.1% | 2026-Q2 |
| Aquatic Capital Management LLC trimmed | 231,248 | $925K | 0.1% | 2026-Q2 |
| Tidal Investments LLC added | 229,181 | $917K | 0.1% | 2026-Q2 |
| Jump Financial, LLC trimmed | 206,200 | $825K | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 201,836 | $807K | 0.1% | 2026-Q2 |
| XTX Topco Ltd trimmed | 200,936 | $804K | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 200,296 | $801K | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 190,217 | $761K | 0.0% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 182,686 | $733K | 0.0% | 2026-Q2 |
| Concentric Capital Strategies, LP new | 177,441 | $710K | 0.0% | 2026-Q2 |
| Alberta Investment Management Corp | 175,420 | $703K | 0.0% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. | 173,885 | $698K | 0.0% | 2026-Q2 |
| Northwest & Ethical Investments L.P. added | 166,864 | $669K | 0.0% | 2026-Q2 |
| VAN DEN BERG MANAGEMENT I, INC trimmed | 164,777 | $659K | 0.0% | 2026-Q2 |
| BlackRock, Inc. trimmed | 142,260 | $569K | 0.0% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC new | 134,587 | $538K | 0.0% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC added | 130,363 | $521K | 0.0% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 117,235 | $470K | 0.0% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp trimmed | 105,800 | $424K | 0.0% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 103,800 | $416K | 0.0% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 101,108 | $395K | 0.0% | 2026-Q2 |
| Headlands Technologies LLC added | 100,570 | $402K | 0.0% | 2026-Q2 |
| MH & ASSOCIATES SECURITIES MANAGEMENT CORP /ADV | 99,569 | $398K | 0.0% | 2026-Q2 |
| Baron Wealth Management LLC trimmed | 96,087 | $384K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.